3880 Dale Rd - Apartments FOR SALE


West Palm Beach, FL 33406
$1,750,000 USD
305-509-8336
3880 Dale Rd, West Palm Beach, FL for Sale
$1,750,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

3880 Dale Rd
West Palm Beach, FL 33406


HIGHLIGHTS

  • 1976 CBS Construction
  • Two Triplexes on One Parcel
  • Private Back Porches for All Units
  • Within a Designated Opportunity Zone
  • Immediate Opportunity to Increase Cash Flow
  • Renovated Interiors with Granite & Luxury Vinyl Plank Flooring

OVERVIEW

3880 Dale Rd offers an excellent opportunity to acquire a well-located six-unit multifamily property in the heart of Palm Springs, one of Palm Beach County’s most active and high-demand rental markets. The asset consists of two CBS triplex buildings situated on a single parcel, providing durable construction and an efficient layout that supports easy management and long-term value. The property features a unit mix of (5) two-bedroom, one-bath units and (1) three-bedroom, two-bath unit with a private garage. Each residence includes private back porches and renovated interiors with granite countertops and luxury vinyl plank flooring. The property presents an immediate value-add opportunity to stabilize rents closer to market levels in a strong rental corridor. Located minutes from downtown Lake Worth Beach, I-95, and major retail and employment corridors, the property benefits from consistent renter demand and limited multifamily supply in the immediate area. With its solid CBS construction, central location, and clear potential for income growth through rent stabilization, 3880 Dale Rd represents a compelling opportunity for investors seeking a manageable, value-add multifamily asset in Palm Beach County.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

6

PRICE/UNIT

$291,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

RM

APN/PARCEL ID

70-43-44-18-00-000-7390

ASK ABOUT THIS PROPERTY

Wendy PierreBAWONS PropertiesMore Info
305-509-8336

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Wendy PierreBAWONS PropertiesMore Info
305-509-8336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.